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Sep 18, 2012
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look, i would like to see mitt romney president of the united states. i would also like to see mitt romney reach out to these people these 47% that he's been talking about. whom he disparaged in these remarks and make it plain that these policies are in their benefit. that by creating more incentives. by moving the country away from it's dependdency -- >> wait, we are going to come back. give everybody an opportunity. reach out for everybody. what is your take? >> you call this a dirty trick. using somebody else's own words is a dirty trick. >> they have had it since last may. that is the thing. and now the other side by the way is going to use another dirty trick because they have this type of obama saying i'm a redistributionist. >> those are his own words. he said it. don't deknny it. if robert costa is right. that means he hasn't had a good week since may. >> he may be in trouble but polls have romney neck in neck, a deed even race with obama. what is your take? >> my take is on the video, this was a chance to refocus the campaign on the right issue
look, i would like to see mitt romney president of the united states. i would also like to see mitt romney reach out to these people these 47% that he's been talking about. whom he disparaged in these remarks and make it plain that these policies are in their benefit. that by creating more incentives. by moving the country away from it's dependdency -- >> wait, we are going to come back. give everybody an opportunity. reach out for everybody. what is your take? >> you call this a...
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Sep 19, 2012
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what's going to happen in the united states? people just want certainty, particularly at a time like this when china is in a recession. >> that is exactly what i'm talking about in my observation coming up. people are not going to add heads to the payroll if you don't know what your tax bill is going to look like. >> no way. you're kidding yourself. >> it's on congress, then. we need fiscal policy. >> we need leadership. we need a marshall plan. we need a grand plan that first starts with today's reality before you try to go to tomorrow. >> what do you think about the election? do you think the election changes this? does that bring us clarity? >> well, that's a tough one. i mean, it's not sure. because the people that running for office, are they going to actually operate, or is it just going to be what they do with a speech, right? what really counts is not the speech but what you do in between the speech. >> the truth is, we may not get the clarity because they're not dealing with the issues like the fiscal cliff until after
what's going to happen in the united states? people just want certainty, particularly at a time like this when china is in a recession. >> that is exactly what i'm talking about in my observation coming up. people are not going to add heads to the payroll if you don't know what your tax bill is going to look like. >> no way. you're kidding yourself. >> it's on congress, then. we need fiscal policy. >> we need leadership. we need a marshall plan. we need a grand plan that...
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Sep 20, 2012
09/12
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should been united states retaliate in some way for this flag burning? >> well t short answer is, it's more important than just defending the flag, it's defending our interests and our national requirements in that region. we have got to get engaged. we have got to get reengaged because if we don't, we're going to see more and more of this. >> many thanks, general mark kimet stayed up late for us in germany. i'm larry kudlow, we will see you tomorrow night. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. the silverado's powertrain warranty is 40,000 miles more than ford. and this workhorse gives you the power of a v8 with the highway fuel
should been united states retaliate in some way for this flag burning? >> well t short answer is, it's more important than just defending the flag, it's defending our interests and our national requirements in that region. we have got to get engaged. we have got to get reengaged because if we don't, we're going to see more and more of this. >> many thanks, general mark kimet stayed up late for us in germany. i'm larry kudlow, we will see you tomorrow night. [ male announcer ] how do...
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Sep 26, 2012
09/12
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and you have the ambassador of the united nations for the united states coming on and misleading the public. basically we have sent a letter to ambassador rice to explain herself. >> you know, there's a story out today, i didn't know if you saw it, senator, but the story essentially was that the united states government within 24 hours knew it was a pre-planned terrorist attack. your thought on that. because that indicts rice and whomever else was in this cover-up even more. >> that's right. ambassador rice came on the sunday morning programs and said that, in fact, it was a spontaneous reaction of course to the video. and in no way was an expression of hostility toward america. and you have to say killing four american heroes, quite honestly, attacking our consulate, if that's not hostility toward america, i don't know what it is. so, no, i think it's pretty apparent that the administration must have known, had information, and ambassador rice was sent out on the sunday programs to mislead the american public. i find that outrageous, and i think she needs to explain herself and expl
and you have the ambassador of the united nations for the united states coming on and misleading the public. basically we have sent a letter to ambassador rice to explain herself. >> you know, there's a story out today, i didn't know if you saw it, senator, but the story essentially was that the united states government within 24 hours knew it was a pre-planned terrorist attack. your thought on that. because that indicts rice and whomever else was in this cover-up even more. >>...
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Sep 12, 2012
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. >> the united states condemns in the strongest terms this outrageous and shocking attack. we're working with the government of libya to secure or diplomates. i've directed my administration to increase our security at diplomatic posts around the world. >> the attacks of libya and egypt underscore that the world remain aes dangerous place and that american leadership is still sorely needed. in the face of this violence, america cannot shrink from the responsibility to lead. leadership is necessary to ensure that events in the region don't spin out of control. >> all this happening as israeli prime minister benjamin netanyahu is using the strongest language to date about using force to stop iran from developing a nuclear weapon. this brings up the issue of making the u.s. less dependent on foreign oil. should we get off of middle eastern oil? chris, you first. all of this make you nervous about how much we depend on that region for our energy needs? what's the answer? >> well, you know, you look at saudi arabia providing 20% of the oil imports for this country. america needs
. >> the united states condemns in the strongest terms this outrageous and shocking attack. we're working with the government of libya to secure or diplomates. i've directed my administration to increase our security at diplomatic posts around the world. >> the attacks of libya and egypt underscore that the world remain aes dangerous place and that american leadership is still sorely needed. in the face of this violence, america cannot shrink from the responsibility to lead....
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Sep 18, 2012
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states, right? >> i think that's a very good thing, yeah. >> very healthy conversation. some, even though they're calling these comments a disaster for the romney campaign, others are not. donald trump, for one. he's what he told the gang on "squawk box." this morning. >> these statements that were very unfortunate, i guess. i don't think he should apologize. he's probably right. he probably won't get any of those votes, but he should not be apologizing. >> so is donald trump right? should romney just stand behind though comments? joining us to break it down is director of the tax policy center and our own rick santelli. rick, you agree with trump? >> i'm not going to agree or disagree with trump. my opinion is he stated basic facts, not an elegant fashion. sometimes the facts aren't easy to swallow. the issue here isn't about that sound bite. the issue here is about the media. we have a $16 trillion debt. we have a jobs program, or many jobs programs that haven't worked. we have a federal reserve w
states, right? >> i think that's a very good thing, yeah. >> very healthy conversation. some, even though they're calling these comments a disaster for the romney campaign, others are not. donald trump, for one. he's what he told the gang on "squawk box." this morning. >> these statements that were very unfortunate, i guess. i don't think he should apologize. he's probably right. he probably won't get any of those votes, but he should not be apologizing. >> so...
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Sep 19, 2012
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. >> so they see, these chinese who are rebelled against it, they blame the united states for japan, i guess japan's trying to take a couple of islands someplace. but you're saying, this avm missile, we help them, we're being blamed for that, is that what you're saying? >> basically when the chinese see the u.s. and japan thickening up our military cooperation, in this case, in an anti-ballistic missile system, they see it as some kind of act against the chinese. it's not about the chinese, it's about the north korea missile and nuclear program which has the japanese very worried. we want to work with the japanese, we don't want the japanese to go off on their own and develop their own systems, so we're working with them. but the chinese think it's about them. i really have to emphasize what's going on in china today is not about the u.s., it's about japan. >> secretary of defense panetta is trying to negotiate a new military treaty with china. last time i covered this story, secretary of defense bob gates was in china and they were flying these supersonic jets, these new fighter jet
. >> so they see, these chinese who are rebelled against it, they blame the united states for japan, i guess japan's trying to take a couple of islands someplace. but you're saying, this avm missile, we help them, we're being blamed for that, is that what you're saying? >> basically when the chinese see the u.s. and japan thickening up our military cooperation, in this case, in an anti-ballistic missile system, they see it as some kind of act against the chinese. it's not about the...
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Sep 21, 2012
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we have a campaign which is tied with the incumbent president of the united states, but is that enough 46 days before the election? also tonight, so the president says he has come to learn that you can't change washington from the inside. reminder that he ran in 2008 as an outsider, pitching change against senator john mccain. learn learned, what else has the president learned in his three years in office? the markets closed flat for the day mostly, and flat for the week. tonight we're getting hard numbers on what falling off the fiscal cliff could mean and what it could cost the markets, 20%, at the very least. so how is congress going about it? earlier today the house went into recess until after the election and the senate wraps up tonight and we'll look at washington at work or not, but first up, after months of resisting and saying he's done what's required, mitt romney put out a friday surprise and released his 2011 tax return and nbc's john harwood joins us. >> reporter: good evening, joe. mitt romney promised when he released preliminary estimates that he would release these re
we have a campaign which is tied with the incumbent president of the united states, but is that enough 46 days before the election? also tonight, so the president says he has come to learn that you can't change washington from the inside. reminder that he ran in 2008 as an outsider, pitching change against senator john mccain. learn learned, what else has the president learned in his three years in office? the markets closed flat for the day mostly, and flat for the week. tonight we're getting...
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Sep 21, 2012
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number two, increased production from the united states, canada and the north sea, specifically norway. and number three, iraq. iraq has continued to increase their production. you know, they have as much reserves as iran, so they are the third or second -- tied for second in the world of reserves, and iraq has put in these offshore terminals, and they have been able to ramp up the exports. that is likely to put some downward pressure if there's no geopolitical blow up, maria. >> i was just going to see, weigh the geopolitical risk versus the spr noise and tell me where oil goes between now and the end of the year. >> well, we have 117 for the end of the year on brefnlt now our view is that the geopolitical noise is not likely to seriously dissipate, because there's no sign of progress in the iranian nuclear negotiations. there's no sign that the standoff will be eased any time soon, and without any easy off ramp, we don't see how this situation is resolved, so we think potentially 2013 you're really looking at a question of does iran get nuclear weapons capability, or do you take mili
number two, increased production from the united states, canada and the north sea, specifically norway. and number three, iraq. iraq has continued to increase their production. you know, they have as much reserves as iran, so they are the third or second -- tied for second in the world of reserves, and iraq has put in these offshore terminals, and they have been able to ramp up the exports. that is likely to put some downward pressure if there's no geopolitical blow up, maria. >> i was...
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Sep 6, 2012
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we have had the four largest deficits in the history of the united states. four deficits in excess of a trillion dollars each so that more than a third of all the debt ever run up in the 236-year history of the united states, more than a third of it was under barack obama's presidency in the last three and a half years. who's going to pay off the debt? our children and a grandchildren. that's who is going to pay it off. that's where romney and paul ryan are calling for a growth agenda where we can start creating jobs in this country and not have economic growth of 1.7%, under 2% and a federal reserve board that believes we'll be in this shape for two years. that's why they say they will keep interest rates for another two years. >> you heard him talk about the debt created under president obama when the country was going off a fiscal cliff and the banks were seizing up. he never referenced the 5 trillion in debt generated under george bush while he was governor. he never referenced the two wars we didn't pay for. george bush was the first president in the hi
we have had the four largest deficits in the history of the united states. four deficits in excess of a trillion dollars each so that more than a third of all the debt ever run up in the 236-year history of the united states, more than a third of it was under barack obama's presidency in the last three and a half years. who's going to pay off the debt? our children and a grandchildren. that's who is going to pay it off. that's where romney and paul ryan are calling for a growth agenda where we...
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Sep 21, 2012
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! >>> cnbc was able t
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a...
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Sep 27, 2012
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we do a great job of measuring the economy in the united states of the 1950s. you can get five different prices for turkey but it's a service sector economy and we don't get any real time data on that. sometimes that's what surprises the economists here. >> i'll thank steve and rick our guest host remains tom stemberg, sticking around for the rest of the party. he's a really know campaign surrogate and founder of staples and i wanted to get your thoughts on staples. i know you're not involved right now but there's been lots of talk about what's happening to that company including the possibility it may get bought again possibly even by bain. >> i don't want to talk about staples but the industry has struggled. they try to be technology player bus they don't have apple, the leading technology vendor. we got blocked inspect ftc, the if, tc was wrong and i think industry would benefit greatly from a merge are of three down to two. >> office depot. >> office depot, office max and staples, there really should be two companies and finally becky's issue about internet
we do a great job of measuring the economy in the united states of the 1950s. you can get five different prices for turkey but it's a service sector economy and we don't get any real time data on that. sometimes that's what surprises the economists here. >> i'll thank steve and rick our guest host remains tom stemberg, sticking around for the rest of the party. he's a really know campaign surrogate and founder of staples and i wanted to get your thoughts on staples. i know you're not...
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Sep 18, 2012
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to the extent europe is not being helped is not helping the united states. folks if you're thoroughly confused it means you're paying attention. >> no european official has talked about wanting a stronger euro for years. they all want the weaker euro. >> why they keep talking about lower rates, you keep holding steady with rates. >> becky you are as usual a genius in that regard. the thinking that i've heard is that ultimately the ecb goes to parity with the fed at zero or zero to a quart per. >> what are they waiting for? >> that's a good question. what are they waiting for? the idea being if you have a single mandate you are less free to move your currency when you're doing that. the latest number was 2.6% inflation in the eurozone, so given that mandate constraint, they can't do it. the fed can look at 8%, 9%, 10% unemployment and say with a forecast of lower inflation down the road, i can move now to zero. >> it seems to me central banks make uhm the rules as they go aening lo, when they'll do all of the extraordinary things to say yes this is in our man
to the extent europe is not being helped is not helping the united states. folks if you're thoroughly confused it means you're paying attention. >> no european official has talked about wanting a stronger euro for years. they all want the weaker euro. >> why they keep talking about lower rates, you keep holding steady with rates. >> becky you are as usual a genius in that regard. the thinking that i've heard is that ultimately the ecb goes to parity with the fed at zero or...
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Sep 24, 2012
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states. you talk about it all the time on cnbc. you have policy people on. but really what we need to do is get government out of the way. this entrepreneur thing happens on its own by its own volition as long as tax policy is correct. that's what they were talking about. you get situations like entrepreneurs that become very successful, fror instance, zuckerberg and some of the millionaires he's created are splitting off and investing their own. they don't just sit on their cash, buy a yacht and sail around the world. >> why is one of the big platforms of this election that very issue regarding tax policy? it seems so self-evident to people we rub shoulders with on this trading floor but not to the population at large. >> they think it's gets muddied. if you talk about the capital gains tax. there was a guest on earlier today that says, what's it mean to somebody making $50,000? lowering the capital gains tax to somebody like that is the most important thing you can do because corporations a
states. you talk about it all the time on cnbc. you have policy people on. but really what we need to do is get government out of the way. this entrepreneur thing happens on its own by its own volition as long as tax policy is correct. that's what they were talking about. you get situations like entrepreneurs that become very successful, fror instance, zuckerberg and some of the millionaires he's created are splitting off and investing their own. they don't just sit on their cash, buy a yacht...
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Sep 7, 2012
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whatever is happening here in the united states today, it is risk on if you're in the banks. take a look at even the german banks. of course, who wants to concentrate on the bonds? look at this, deutsch bank up 6%. big bank across europe rallied strongly again today. there is no new news today but the confidence is shifting. it may not be sustained. they may sell off on monday. but, look, in italy, this bank here almost up 10%. you know these guys here exposed to sovereign debt. look at the way in which they have gained today. separate to that, of course, kate kelly was showing us that we have an improved offer for xtrata. importantly, from china, and i've spoke with the steel stocks. in china you have the announcement of $157 billion of infrastructure spending. look at how the other miners around the world, a lot of them in london, have also gained today. it's been a terrible performer, up 7%. a very important day today in europe. melissa, back to you. >> let's get a check on energy and commodities. sharon epperson at the nymex. sharon? >> it's an important day in the commod
whatever is happening here in the united states today, it is risk on if you're in the banks. take a look at even the german banks. of course, who wants to concentrate on the bonds? look at this, deutsch bank up 6%. big bank across europe rallied strongly again today. there is no new news today but the confidence is shifting. it may not be sustained. they may sell off on monday. but, look, in italy, this bank here almost up 10%. you know these guys here exposed to sovereign debt. look at the way...
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Sep 5, 2012
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as far as what's on the agenda in the united states, second quarter productivity out at 8:30 eastern. forecasts calling for 1.9% growth. unit labor costs have seen rising by 1.4%. corporate side, discount retailer dollar general reports figures before the open. after the close we'll hear from the likes of h&r block, harry winston and menswear house. that's the agenda for you today. >>> meanwhile, a leaked report from troika suggests imposing a six-day work week on greece as a condition of bail outs. we want to know, is that fair or is the troika going too far? jeff tweets in to say, no, six-day work week is not fair. don't punish workers for government's mismanagement and stupid. join the conversation here on "worldwide exchange." get in touch by e-mail or tweet us @cnbcwex or individually. ross? >> do that and still to come, david cameron is under spotlight as he faces questions in parliament following yesterday's cabinet reshuffle. > >>> welcome back to the program. these are your headlines. fedex cutting forecasts. >>> u.s. services pmi shows a slump on the eve of a key ecb meeting
as far as what's on the agenda in the united states, second quarter productivity out at 8:30 eastern. forecasts calling for 1.9% growth. unit labor costs have seen rising by 1.4%. corporate side, discount retailer dollar general reports figures before the open. after the close we'll hear from the likes of h&r block, harry winston and menswear house. that's the agenda for you today. >>> meanwhile, a leaked report from troika suggests imposing a six-day work week on greece as a...
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Sep 24, 2012
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a lot of factory jobs are like that in the united states. that's the nature of a factory. >> one final question, if i might. how long does your intelligence indicate that this plant may be offline? >> that's the critical question. they were saying it could be up as soon as tomorrow. i actually think we've not heard the end of this news. i think we'll see more bad news regarding nurse which could theoretically keep this factory closed for up to a week or maybe more if we end up seeing deaths. >> gentlemen, thank you very much. appreciate you being with us. >> ty, as you know, another big apple story today, the company selling more of its 5 million iphone 5s in the first three days after that product was launched. a note from jpmorgan says, by the way, that that does not include pre-orders, and then there's yahoo!. the shares of yahoo! today are on the upside by more than 5% in a month as the new ceo, marisa mayer, gets set to address the troops tomorrow. jon fortt is helping us get ahead of this particular story. >> tomorrow's meeting is only
a lot of factory jobs are like that in the united states. that's the nature of a factory. >> one final question, if i might. how long does your intelligence indicate that this plant may be offline? >> that's the critical question. they were saying it could be up as soon as tomorrow. i actually think we've not heard the end of this news. i think we'll see more bad news regarding nurse which could theoretically keep this factory closed for up to a week or maybe more if we end up...
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Sep 19, 2012
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how are things both in the united states and europe. >> and china? >> let's talk about the u.s. in almost every business, there are pockets of real success. let's take, for example, the enormous burst in rental housing. the command for rental housing is incredible. so we're in the home supply business. we do cabinet doors, home depot, supply, we do vanities and things like that. we sell vanity kits as fast as you possibly make to landlocked and multifamily housing who put these things in. we charge $500, they increase the rent $100 a month, the pay back is in months, and the game is on. people are renovating rental places and motels and hotels because they're occupied. three years ago they were taking a room in a motel, tearing it apart, bringing the fixture over and fixing the other room that was leaking. now they're renovating those things. so the home rental idea is moving strongly. you take the marcellus fields, we can't get pipe up there fast enough. we can't get pre-fab buildings up there fast enough. i mean, i'm not talking marcellus, i'm talking north dakota in the basin
how are things both in the united states and europe. >> and china? >> let's talk about the u.s. in almost every business, there are pockets of real success. let's take, for example, the enormous burst in rental housing. the command for rental housing is incredible. so we're in the home supply business. we do cabinet doors, home depot, supply, we do vanities and things like that. we sell vanity kits as fast as you possibly make to landlocked and multifamily housing who put these...
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Sep 14, 2012
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we need that here in the united states, too. we have to get our mojo back. >> we have to leave it there. congratulations. we wish you lots of luck. >> watch the space, entrepreneurs in greece. >> well. joe. >>> coming up, bart chilton has september a letter to ben bernanke, and we'll see the note even before he does. >>> best and worst cities for travel taxes revealed. here's today's road warrior report. business travelers visiting the windy city will be hit by a storm of taxes. that's according to a brand new study released by the global business travel association. they claim chicago hits u.s. travelers the hardest when you combine sales and travel taxes to the tune of more than $40 per day. on average that's 81% higher than ft. lauderdale, florida, has has the lowest tax burden of just over $22 per day. the chicago convention and tourism bureau didn't respond to our request for comment. see the full list of the best and worst cities for travel taxes at road warrior.cnbc.com up. a short word that's a tall order. up your game.
we need that here in the united states, too. we have to get our mojo back. >> we have to leave it there. congratulations. we wish you lots of luck. >> watch the space, entrepreneurs in greece. >> well. joe. >>> coming up, bart chilton has september a letter to ben bernanke, and we'll see the note even before he does. >>> best and worst cities for travel taxes revealed. here's today's road warrior report. business travelers visiting the windy city will be hit...
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Sep 21, 2012
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one of the many topics we covered was the possibility of a significant downturn in the united states economy. >> so if you have a downturn, there's a possibility that you don't have that right mix and that you could have a downturn. the odds of that are comparatively low but i worry about it because it's significant possibility. i described it as though, imagine you're on an airplane that's flying from here to los angeles, you're probably going to get there okay but if you hit an air pocket and meaning if the economy goes down, there's not an easy way to reverse it. monetary policy is less effective because when you buy a bond, when the federal reserve makes a purchase, that has the effect of giving money to somebody who won't put that money into something like that bond. and that money does not easily go to people who spend it, that's a balance between monetary and fiscal policy and i worry about the policymakers getting that balance right. that's a possibility and a scary possibility. other than that, i think the most likely situation is we will fly successfully from here to los an
one of the many topics we covered was the possibility of a significant downturn in the united states economy. >> so if you have a downturn, there's a possibility that you don't have that right mix and that you could have a downturn. the odds of that are comparatively low but i worry about it because it's significant possibility. i described it as though, imagine you're on an airplane that's flying from here to los angeles, you're probably going to get there okay but if you hit an air...
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Sep 24, 2012
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ >>> "squawk box" keeping our eyes on the prize, its eight a "squawk" oil summ
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the...
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Sep 27, 2012
09/12
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david foon is part of the fastest growing jewish newspaper in the united states. gentlemen, how big of a factor is this tension between iran and israel factored into the price of oil? >> there's no question that today's run-up, marimaria, was direct reaction. we got a leak of some of the speech earlier before the market opened that, in fact, prime minister netanyahu was going to state what this red line was going to be all about. now we know. of course, it comes on the heels of ahmadinejad's speech yesterday. this got right back in the forefront of the traders and the markets' mind here. what it represents, of course, for oil is, you know, the mother of all supply risks here. the strait of hormuz comes into play. the whole region comes into play. obviously, it's almost a mild reaction given what we got here today. we're clearly on a path to something, some confully grags. i do say given that netanyahu says they won't get to that final stage until next summer, we have some time. >> david, what did you think of the red line speech? netanyahu has pressed for this bef
david foon is part of the fastest growing jewish newspaper in the united states. gentlemen, how big of a factor is this tension between iran and israel factored into the price of oil? >> there's no question that today's run-up, marimaria, was direct reaction. we got a leak of some of the speech earlier before the market opened that, in fact, prime minister netanyahu was going to state what this red line was going to be all about. now we know. of course, it comes on the heels of...
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Sep 10, 2012
09/12
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. >>> the drenching that parts of the united states got last week, including tornadoes out in queens, not really helping parched farmland. there are no farms in queens, are there? this afternoon we're going to get exclusive details on the economic impact from our senior economics reporter steve leisman. he's here live. >> in about three minutes we're going to get an e-mail from the guy that runs the farm in queens. it is a big impact from what's a small sector of the economy and it could even have an impact on the presidential election. in a detailed study of the summer's drought which scored soybeans, corn and other crops across the nation, macro economic advisors out of st. louis estimate it could shave as much as a half point off gross domestic product this year. that's a big hit to a $13 trillion economy from a total farm sector that accounts for just -- wait for it now -- 1% of the nation's output. ben herzon is the economist who did the study. pe explai he explains the drought's outside impact. >> even though it only accounts for 1% of the economy, big changes in farm output can
. >>> the drenching that parts of the united states got last week, including tornadoes out in queens, not really helping parched farmland. there are no farms in queens, are there? this afternoon we're going to get exclusive details on the economic impact from our senior economics reporter steve leisman. he's here live. >> in about three minutes we're going to get an e-mail from the guy that runs the farm in queens. it is a big impact from what's a small sector of the economy and...
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Sep 27, 2012
09/12
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there are foreign leaders who are signaling they're coming to the united states to the u.n. general assembly and they express the desire through their ambassadors to the state department they want to meet with the president. and those options are then put before the national security adviser, and he decides whether or not to make any recommendation to the president on who to meet. well, it's quite clear that either he didn't make any -- either he made recommendations that there's no reason to meet with anybody, or he did make recommendations and the president said, in a, i don i d want to meet them, i'll give a speech and then get to ohio. >> just to follow up on this, i'm thinking of the netanyahu story with israel and iran. one of the key issues, we had professor from harvard law school is whether the united states will truly decisively back up netanyahu and israel militarily. now, with all respect to hillary clinton who is doing a fine job on this stuffy imagine, it's only the president who can make a statement like that.imagine, y the president who can make a statement l
there are foreign leaders who are signaling they're coming to the united states to the u.n. general assembly and they express the desire through their ambassadors to the state department they want to meet with the president. and those options are then put before the national security adviser, and he decides whether or not to make any recommendation to the president on who to meet. well, it's quite clear that either he didn't make any -- either he made recommendations that there's no reason to...
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Sep 27, 2012
09/12
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [ male announcer ] humana understands the value of spending time together that's a lot of work getting that one in! let's go see the birdies. [ male announcer ] one on one, sharing what you know. let's do it grandpa. that's why humana agents will sit down with you, to listen and understand what's important to you. it's how we help you choose the right humana medicare plan for you. because when your medicare is tak
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your...
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Sep 25, 2012
09/12
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as the networks of nbc focus on education here in the united states, we are also learning this hour that americans owe more on their student loans than they do on their credit cards. and the default rate on those student loans is more than four times the default rate on mortgages. so the question now is it another bubble that is about to burst? senior correspondent scott cone is reporting from washington today on some very startling statistics, scotty? >> reporter: some new statistics, simon, just in. these new figures come from fyke cok -- fico, they analyzed a large sample of credit reports, millions of them nationwide. and here is what they found. since 2005, the percentage of u.s. consumers with multiple open student loans on their credit report has nearly doubled, now almost 12% of us are making payments on at least two student loans. the average amount of that debt, up more than 50% to more than $26,000 on average, a much higher pace of growth than the growth of credit like credit cards and mortgages, other types of debt. and the percentage of consumers with six figures in college
as the networks of nbc focus on education here in the united states, we are also learning this hour that americans owe more on their student loans than they do on their credit cards. and the default rate on those student loans is more than four times the default rate on mortgages. so the question now is it another bubble that is about to burst? senior correspondent scott cone is reporting from washington today on some very startling statistics, scotty? >> reporter: some new statistics,...
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Sep 24, 2012
09/12
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there has been a bipartisan consensus in the united states for many years that the u.s. and israel are the closest of allies, that we have to tackle problems in the middle east together. it's why you see legislation passing the united states senate 99-0 when it comes to confronting iran's nuclear ambitions and supporting -- supporting our closest ally israel, so it's a very strange position for him. it's really out of -- really out of sync with a broad bipartisan consensus in this country. >> jeb, let me go to you. i want to go back to libya and benghazi and that whole story. front page "new york times." we lost most of our intelligence assets because of this snafu, because of this mistake. the cia lost a lot of intelligence assets. we may be wiped out. now, again, president obama in the "60 minutes" last night could not get himself to say that this was premeditated, that this was a terrorist plot. he's still hanging on to the video story which, as you know, is a falsehood. i call it a lie. i believe ambassador, u.n. ambassador susan rice, should have been made to resign
there has been a bipartisan consensus in the united states for many years that the u.s. and israel are the closest of allies, that we have to tackle problems in the middle east together. it's why you see legislation passing the united states senate 99-0 when it comes to confronting iran's nuclear ambitions and supporting -- supporting our closest ally israel, so it's a very strange position for him. it's really out of -- really out of sync with a broad bipartisan consensus in this country....
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Sep 27, 2012
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this is very, very detrimental to the united states long term. >> it ultimately is going to do something, though -- [ bell ]. i kind of disagree. because i think if consumers know -- >> if they understand. can you understand your health plan? >> i can't understand my health plan today. i don't know what it covers and what it doesn't. >> it puts employees at the mercy of the insurance companies and they're really going to be defenseless. >> and you have 206 perfect information. why should everybody have perfect information when their employer can help everybody at once to get to that? >> i'll tell you one thing i'm not going to do, is go through a whole book on every potential plan that i might look at to see -- >> they might do it on your behalf. >> oh, sure. >> koording to a new irs inspector general report 70 federal agencies owe $14 million in taxes. so why does the government hate taxes, john? >> it's not just these federal agencies that owe taxes. we learned earlier in the year that over a billion dollars is owed by federal employees. there's a scofflaw problem in our very governmen
this is very, very detrimental to the united states long term. >> it ultimately is going to do something, though -- [ bell ]. i kind of disagree. because i think if consumers know -- >> if they understand. can you understand your health plan? >> i can't understand my health plan today. i don't know what it covers and what it doesn't. >> it puts employees at the mercy of the insurance companies and they're really going to be defenseless. >> and you have 206 perfect...
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Sep 25, 2012
09/12
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also on the agenda today in the united states, two key data points .at s. housing recovery. expected to be up 1% for july. and we'll also have the latest consumer confidence report, this is the richmond fed manufacturing survey due out at 1:00 eastern. also an auction of two year treasury notes. >> speaking of economic indicator, here's one for you. southern europeans are cutting back on their coffee due to the economic downturn. consumption is down in italy and sman to levels not seen for the last five or six years. and perhaps in a silver lining for the rest of us, that's driving the price of coffee down. what do you cut back on in tough economic time times some do you still need the daily caffeine boost? two pounds a day really does add up. i know i'm equity of that myself. e-mail us or tweet us to respond to that or anything else you've heard on the program this morning. and speaking of twitter, on wednesday on cnbc, we'll have an exclusive interview with the twitter ceo. tweet your questions today using the #ask twitter. >> and angela merkel, we'll hear from an author w
also on the agenda today in the united states, two key data points .at s. housing recovery. expected to be up 1% for july. and we'll also have the latest consumer confidence report, this is the richmond fed manufacturing survey due out at 1:00 eastern. also an auction of two year treasury notes. >> speaking of economic indicator, here's one for you. southern europeans are cutting back on their coffee due to the economic downturn. consumption is down in italy and sman to levels not seen...
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Sep 26, 2012
09/12
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it is policies that will create greater job creation and greater manufacturing in the united states and those are the policies we believe that governor romney and ryan are advancing during this campaign and policies they will put in place when they're in the white house. >> there is a poll, 87% of likely voters say the economy will be an important factor in their decision when they vote. obviously not a surprise. when you have confidence up like it was yesterday, you get home prices that are improving. we got decent numbers today. the market today aside has obviously been strong for the quarter. you have gas prices coming down. are there policies, will we be hearing about positions that argue they could have done even better than all of those things doing right now? >> well, look, this recovery is the weakest recovery we have seen in modern history. you still have 23 million americans struggling for work. you have 47 million americans on food stamps. the reality is that the obama campaign can try to paint whatever picture they want to paint. the reality is that americans are not interes
it is policies that will create greater job creation and greater manufacturing in the united states and those are the policies we believe that governor romney and ryan are advancing during this campaign and policies they will put in place when they're in the white house. >> there is a poll, 87% of likely voters say the economy will be an important factor in their decision when they vote. obviously not a surprise. when you have confidence up like it was yesterday, you get home prices that...
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Sep 26, 2012
09/12
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the government wanted to increase the home ownership in the united states. so much of the financial crisis written is not true. i had the opportunity, i was ceo of bb & t for 20 years, larry and i were just talking about, we met years ago, i knew bernanke, knew greenspan, all the ceos of large financial institutions and this is, i believe, the first book that actually tells people what really happened in the total context. going back to the early '70s, working through what happened with community reinvestment act, freddie and fannie. the impact on decision makers, a lot of books written by congress that don't really understand what the impact of regulations have on people trying to make decisions. if somebody threatens to put you in jail, closes your bank down, you're going to do things that you may have a lot of discomfort with. and this is something joe would be interested in. i talk a lot about philosophy. bb & t did better than any other institution. all of our management, and another reason, this is interesting, i think a lot of ceos were victims of wha
the government wanted to increase the home ownership in the united states. so much of the financial crisis written is not true. i had the opportunity, i was ceo of bb & t for 20 years, larry and i were just talking about, we met years ago, i knew bernanke, knew greenspan, all the ceos of large financial institutions and this is, i believe, the first book that actually tells people what really happened in the total context. going back to the early '70s, working through what happened with...
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Sep 11, 2012
09/12
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in 2011, the united states took in about $1.1 trillion in income taxes. individual. but look at the bottom number below it. i mean, this makes my jaws drop. total tax break, credits, exclusions, your mortgage interest duction, state and local taxes. more money than we took in. okay, whatever you think about specific deduction, this screen is everything you need to know about how our tax system is really broken. so ending the state and local deduction alone would be $862.2 billion. the mortgage interest deduction, $214.6 billion. now, those are exactly the deductions mitt romney said he'd cut at a close doored fund-raiser in april. a reporter at the event wrote quote mitt romney said i'm probably going to eliminate for high income people, the second home mortgage deduction, romney said, adding he would also eliminate for state and property taxes. he made it clear it's for higher income people he wants to get rid of some of these deductions and mitt romney's defenders -- they can make the math work, so can that they? one is doug holtz eakin, also joined by tim honor an
in 2011, the united states took in about $1.1 trillion in income taxes. individual. but look at the bottom number below it. i mean, this makes my jaws drop. total tax break, credits, exclusions, your mortgage interest duction, state and local taxes. more money than we took in. okay, whatever you think about specific deduction, this screen is everything you need to know about how our tax system is really broken. so ending the state and local deduction alone would be $862.2 billion. the mortgage...
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Sep 25, 2012
09/12
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i think what he's trying to do is show everybody that we're on this, the united states is doing well and you know, i think that's a kind of typical no drama obama response. >> alex, is that what it is, the cool head of the president? >> i think there's something to that, but i think there's also a little more, and that is that this president's great strength is his intellect. he lives inside his head and his ideas. and part of it is he doesn't really feel your pain like paul's former boss, bill clinton, but he can memorize a study about it, you know. people are distant from this president. there's a certain sense of arrogance to this white house that they're just detached from it and i think that's a vulnerability. we have two elite candidates running forment. we have an academic elite, barack obama, running against financial elite. so the middle class is up for grabs here. >> alex, i want to ask you about something i saw you tweet over the weekend. you said when i see romney he looks like a candidate. when i see obama he looks like a president. this should not be hard to fix, so fix
i think what he's trying to do is show everybody that we're on this, the united states is doing well and you know, i think that's a kind of typical no drama obama response. >> alex, is that what it is, the cool head of the president? >> i think there's something to that, but i think there's also a little more, and that is that this president's great strength is his intellect. he lives inside his head and his ideas. and part of it is he doesn't really feel your pain like paul's...
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Sep 26, 2012
09/12
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the 42nd president of the united states on the nuclear threat from iran. you trust ahmadinejad? >> not on this, i don't. >> why should israel be allowed to have nukes? >> no one thinks that israel is about to drop a bomb on tehran. >> this master campaigner, what he would say to mitt romney. >> if he's going to double down on that 47% remark, that will cause difficulties because we now know that the overwhelming number of those people work and have children. >> and his take on president obama and the economy. how has he managed to avoid public retribution for not fixing the economy better than he has done? >> because this is not a normal time. >> plus his extraordinary work with the clinton global initiative. >> we don't have to produce miracles. all we have to produce is progress. we just keep pushing these rocks up the hichlt ll. >> is the world ready for a clinton back in the office? >> i can run for president of ireland because of my irish heritage. >> this is "piers morgan tonight." good evening. the most powerful man and woman in the world are gathered in new york tonight
the 42nd president of the united states on the nuclear threat from iran. you trust ahmadinejad? >> not on this, i don't. >> why should israel be allowed to have nukes? >> no one thinks that israel is about to drop a bomb on tehran. >> this master campaigner, what he would say to mitt romney. >> if he's going to double down on that 47% remark, that will cause difficulties because we now know that the overwhelming number of those people work and have children....
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Sep 27, 2012
09/12
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. >>> the palestinian, israel, iran and the united states and our place within those names. it's all about to be front and center at the united nations today. we have live pictures for you right now. world leaders all taking their turns at the lectern. ours has been there as are a number of other top leaders. and today no exception. today netanyahu and mahmoud abbas will be taking the stage. and all of this is coming in just the next hour. mr. abbas will be up first. he's expected to ask the united nations to give his people the palestinian authority nonmember observer status. that's an expanded kind of status than he has right now. this after last year's failed bid to win u.n. recognition of a palestinian state. now, shortly after he speaks, israel's prime minister will take the podium p. and mr. netanyahu is expected to focus on iran rather than on palestinians. he's likely going to warn the united nations about the threat that israel faces from iran's controversial nuclear program, but his warnings take on a new sense of urgency after making it clear that israel would pre
. >>> the palestinian, israel, iran and the united states and our place within those names. it's all about to be front and center at the united nations today. we have live pictures for you right now. world leaders all taking their turns at the lectern. ours has been there as are a number of other top leaders. and today no exception. today netanyahu and mahmoud abbas will be taking the stage. and all of this is coming in just the next hour. mr. abbas will be up first. he's expected to...
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Sep 26, 2012
09/12
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president obama opening up a big lead in what may be the most crucial swing state in the united states. ohio. the republican candidate took note. >> welcome to cuyahoga county where we have more republicans register . we're going to deliver, too. so -- >> i need it in a big way, all right? >> he had a sense of humor, but he'll need more than just cuyahoga county to turn those poll numbers around. peter hamby joins me now. i know you had a chance to talk to strategists. what did they tell you? >> most republicans in ohio don't think the situation is that dire yet. they do acknowledge both inside the campaign and outside that they are losing and the main reason that the republicans in ohio point to is that romney doesn't really have a cohesive message and said this is why you should throw barack obama out and install me as president. the key issue is the bailout of chrysler and general motors that the president pushed through. they say romney hasn't been able to come up with a consistent answer to this and the obama campaign has been hammering on this. one republican i talked to put it v
president obama opening up a big lead in what may be the most crucial swing state in the united states. ohio. the republican candidate took note. >> welcome to cuyahoga county where we have more republicans register . we're going to deliver, too. so -- >> i need it in a big way, all right? >> he had a sense of humor, but he'll need more than just cuyahoga county to turn those poll numbers around. peter hamby joins me now. i know you had a chance to talk to strategists. what...
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Sep 26, 2012
09/12
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states could learn from this. a . but today...( sfx: loud noise of large metal object hitting the ground) things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. his morning starts with arthritis pain. and two pills. afternoon's overhaul starts with more pain. more pills. triple checking hydraulics. the evening brings more pain. so, back to more pills. almost done, when... hang on. stan's doctor recommended aleve. it can keep pain away all day with fewer pills than tylenol. this is rudy. who switched to aleve. and two pills for a day free of pain. ♪ [ female announcer ] and try aleve for relief from tough headaches. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and whi
states could learn from this. a . but today...( sfx: loud noise of large metal object hitting the ground) things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. his morning starts with arthritis pain. and two pills. afternoon's overhaul starts with more pain. more pills. triple checking hydraulics. the evening brings more...
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Sep 20, 2012
09/12
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. >>> the united states and china appear to be on a collision course. china has promised to investigate today after protesters swarmed u.s. ambassador gary locke's car in beiji beijing. he got stuck in a demonstration which was technically taking place over japan's control of islands in the south china sea. it was an image which got a lot of people's attention and caused anxiety given actions we've seen in the middle east. the move in china comes as leon panetta wrapped up a very important visit. a crucial visit. he met with the future chinese president and on the agenda, the american military build up in asia, which china sees as a direct threat. and in fact, the relationship between the u.s. and its allies has become one of the bigs issues of 2012. amid signs the president could be losing ground when it comes to foreign policy. we wanted to talk about this poll and stood out to me. take a look at this poll. it shows the president's approval rating on the issue of foreign policy has fallen 12 points among independents. "outfront" tonight, stphanie cutt
. >>> the united states and china appear to be on a collision course. china has promised to investigate today after protesters swarmed u.s. ambassador gary locke's car in beiji beijing. he got stuck in a demonstration which was technically taking place over japan's control of islands in the south china sea. it was an image which got a lot of people's attention and caused anxiety given actions we've seen in the middle east. the move in china comes as leon panetta wrapped up a very...
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Sep 16, 2012
09/12
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as president of the united states i don't bluff. i think both the iranian and the israeli governments recognize that when the united states says it is unacceptable for iran to have a nuclear weapon, we mean what we say. do you disagree with that? >> i think that when he says that implicitly is that he will stop them before they have a nuclear weapon, which means they'll draw red lines. i think it's important to communicate it. i wouldn't bet -- i wouldn't bet the security of the world and my own country's future from a country that threatens our annihilation and murders civilians en masse in syria and brutalizes its own people. i wouldn't bet the future on intelligence for simple reasons. american intelligence and israeli intelligence that cooperate together. that wonderful success about saving lives and alerting the people, and also, you know, you just marked 9/11. that wasn't seen. none of us, neither israel or the united states, saw iran building this massive nuclear bunker under a mountain for two years they proceeded without or
as president of the united states i don't bluff. i think both the iranian and the israeli governments recognize that when the united states says it is unacceptable for iran to have a nuclear weapon, we mean what we say. do you disagree with that? >> i think that when he says that implicitly is that he will stop them before they have a nuclear weapon, which means they'll draw red lines. i think it's important to communicate it. i wouldn't bet -- i wouldn't bet the security of the world and...
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Sep 28, 2012
09/12
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president of the united states, busy. prime minister's schedule was very narrow. and we couldn't make it happen during that time slot. but the prime minister is meeting with the secretary of state clinton tonight. he's having another conversation with president obama tomorrow. on the phone. president obama has said he has spent more hours face-to-face talking to prime minister netanyahu, talking to him on the phone than any other foreign leader, and that's going on -- that level of conversation is going on at all different levels. >> ambassador, thank you. >> always. >>> president obama as we said obviously as you know, has been getting a lot of heat from his critics for not meeting face-to-face with prime minister netanyahu or any other world leaders during the u.n.'s meeting. the fact he made time this week to go on the talk show "the view" only gave his critics more fuel. i spoke earlier to cnn political analyst david gergen and white house correspondent dan lothian. david, you heard the ambassador talking. obviously he's not going to wade into the u.s. politic
president of the united states, busy. prime minister's schedule was very narrow. and we couldn't make it happen during that time slot. but the prime minister is meeting with the secretary of state clinton tonight. he's having another conversation with president obama tomorrow. on the phone. president obama has said he has spent more hours face-to-face talking to prime minister netanyahu, talking to him on the phone than any other foreign leader, and that's going on -- that level of conversation...